EXPLORATION & DEVELOPMENT

Paron development given the go ahead

LATIN Gold is set to own 100% of the Paron gold project in Peru after its board gave the green light to a share placement and the project's development, which is expected to rake in around $US20 million ($A22.5 million) a year over a six-year mine life.

MiningNews.Net
Paron development given the go ahead

The board's decision for the go ahead is based on prefeasibility study results which show that a heap leach operation would produce 42,000 ounces of gold and 92,000oz of silver a year at estimated cash...

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